From 2009 to 2011, the Thai government implemented an income guarantee program for rice, tapioca and maize farmers … impact of the program on risk attitudes and investment behavior of small-scale rice farmers in relatively poor North … the program significantly makes farmers less risk-averse, induces higher investments and boosts incomes. Medium …

measure income risk as the observed variation of household income over a five year period. We find that indeed higher income … theory suggests that with increasing labor income risk, the reluctance of households to hold stocks increases. We propose to … risk reduces the propensity to invest in stocks. However, when controlling for household heterogeneity as well as …

measures of income variability and unemployment risk that capture the income risk of the specific household. Our empirical …This paper empirically examines the relationship between income risk and mortgage instrument choice among Japanese … result suggests that these income risk measures are in general negatively associated with the choice of fixed-rate mortgage …

category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …Analysing the US Panel Study of Income Dynamics, we present a new empirical method to investigate the extent to which … households reduce their financial risk exposure when confronted with background risk. Our novel modelling approach – termed a …